Further four CSC Phoenix vessels to be auctioned

Shanghai: Following three vessels that were sold via court auctions recently, CSC Phoenix announced Wuhan Maritime Court has informed the company that it will auction another four vessels of the company, “Rui Jiang 3”, “Rui Jiang 4”, “Jia 21236” and “Jia 21614” under the request of CSC Phoenix’s sister firm Nanjing Tanker.

Nanjing Tanker sued CSC Phoenix in July this year, requesting the latter to repay ship repair fees of RMB7.41m. [18/11/13]